Milk SA foreword.

This document is a foreword from Milk SA, providing information on the structure and performance of the South African dairy industry. It discusses the global economic recovery, with potential risks such as geopolitical shocks and commodity price spikes. In South Africa, sluggish economic growth has led to a decline in dairy sales, and maintaining a balance between supply and demand is crucial for stable prices. The document also includes information on international economic growth, food price indices, and the production and consumption of dairy products in South Africa. It provides data on international dairy product prices, global unprocessed milk production and prices, and the manufacturing of dairy products globally. The article concludes by listing major dairy companies and their turnover. It further discusses global dairy production, consumption, trade, and costs, as well as the impact of electricity supply disruptions and price increases on retail sales in South Africa. The document presents data on the South African dairy industry, including the number of milk producers, production levels, and the composition of the secondary dairy industry. It also provides information on the market share of liquid and concentrated dairy products in South Africa. Additionally, the document presents data on the mass of concentrated products manufactured annually in the country and the import and export of dairy products. It discusses price trends at different levels, noting that prices have generally increased. [Extracted from the article]